Ongoing monthly fee: 6% *Rate discounts for 13+ units
Our standard management fee applies to single-family residences & apartment complexes under 13 units. Properties with 13+ units will have the discounted rate 5%. Fee is charged on the gross rent collected, per occupied unit. No charge applied to vacant units; if you’re not getting paid, neither are we.
What’s included in our monthly fee:
Tenant Screening includes:
The table below displays our minimum required rent per unit. If the minimum rent is not reached, then our miimum fee of $150.00 takes effect.
|Property Type||Minimum Rent/Unit||Minimum Fee/Unit|
New Tenant Lease-up Fee: 35% of 1st month rent
Fee used for initial costs of obtaining a tenant, these include:
No lease-up fee for renewing tenants, or replacement tenants if the current tenant stays for a period less than one (1) year.
Annual Administrative Fee - $175 once a year.
Year-end fee for each property, this covers:
Owners Trust Fund Reserves* - $300 *refundable & negotiable
Used to handle emergency situations (ex: flooding to kitchen or bathroom), and mitigate damages, or to handle day-to-day operating expenses on behalf of the owner, if necessary. This amount is subject to variance from property to property based on specific needs.
All repairs & maintenance are at owner’s expense. No additional costs, outside of materials and labor, are associated with repairs. All repairs will be approved by owner before beginning. Repair funds will either be paid as needed, or from owners account; with approval & if amount is sufficient. If additional funds are needed, owner will deposit with Management Company.
Owners are free to do their own maintenance; we just ask that they keep us informed.
No Fee Services
We also offer the option to list and sell your property to tenants and non-tenants alike.
Cancelation requires 30-Day Notice in writing & vacancy with no approved applicant. If we have rented the property in last 30 days or have an approved applicant, the cancelation fee will be $750.
Flow is an important aspect when staging a home. Reducing the amount of furniture and shifting some around to create areas in a home, and make it feel open is key.
Learn more about how to sell your property.